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Yorkshire Building Society start doing buy-to-let mortgages


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http://www.ft.com/cms/s/2/55682a70-bdbc-11e0-babc-00144feabdc0.html#axzz1UGU7SIBK

 

Yorkshire Building Society entered the buy-to-let mortgage market on Wednesday, with a limited number of products that are only available for properties in London and the South East of England.

 

Can't believe it has the cheek to call itself a 'building society'. It's nothing but a bank.

 

I've been saving with them, but I won't be doing so any longer.

 

Sellouts!

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We need mutualism.

 

And why has the thread title been changed, YBS have SOLD OUT.

 

we still have mutualism, the yorkshire building society is still a building society, it's one of the biggest.

 

the yorkshire building society has seen what it believes to be an opening in the market and have chosen to act on that.

 

If it is a success then it will bring rewards to their savers.

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As I said before Facebook, I'd rather kill myself, I wouldn't be able to sleep knowing I was profiting out of another person's lack of property rights.

 

I can at least move my money to a building society which does not offer buy to let products.

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